Examples of 'substitution effect' in a sentence
Meaning of "substitution effect"
substitution effect: The substitution effect is an economic concept that refers to the change in consumption patterns that occurs when consumers substitute a product for another due to changes in relative prices. It signifies the impact of price changes on consumer behavior and the resulting shift in demand for alternative products
How to use "substitution effect" in a sentence
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substitution effect
The substitution effect of higher wages is positive.
This downward sloping is essentially a substitution effect.
In this case the substitution effect is obvious.
Substitution effect of eligible credit risk mitigation techniques.
Then we are left with only a substitution effect.
Substitution effect and income effect with a taxation on y good.
Larger than the substitution effect.
Can substitution effect be positive.
The other is the substitution effect.
The substitution effect is different.
Funded credit protection other than substitution effect.
A third factor is the substitution effect whereby cargo is increasingly containerised.
A part of this increase is due to the substitution effect.
A substitution effect could be at the source of this decrease for certain products.
There should be no wage substitution effect on skilled labor.
See also
Life insurance policies pledged to the lending institutions substitution effect.
We distinguish between a substitution effect and an income effect.
The lack of transparency in negotiations of intergovernmental agreements or their substitution effect.
What would be the substitution effect and the.
Income effect starts to more than compensate for the substitution effect.
Explain the substitution effect.
Funded credit protection other than financial collateral with substitution effect.
There is also a substitution effect.
This direct substitution effect is due to the unwillingness to pay for authorized copies.
This is caused by the substitution effect.
This moderate substitution effect implies that a little more can be produced by the same workforce.
An income effect and a substitution effect.
Contrasting with the substitution effect is what is known as the complementarity effect.
First is what economists call the substitution effect.
That is due to the substitution effect dominating over the income effect.
Someone has never heard of the substitution effect.
So there can be a limited substitution effect where natural gas infrastructure is feasible.
The firm will demand more labor due to the substitution effect.
Storage and substitution effect.
The income effect is negative and works against the substitution effect.
There is no substitution effect.
The latter effect can be further decomposed into an income and substitution effect.
The first is a substitution effect.
Taxes cause a substitution effect when taxation causes a substitution between taxed goods and untaxed goods.
This is reinforced by a substitution effect.
Large product substitution effect within the innovative and fast moving IT consumables market.
Strength of income effect is not enough to cancel out substitution effect totally.
The initial capital to labour substitution effect causes a reduction in investment during the first year.
Combined heat and power production from biomass increases this substitution effect considerably.
Determination of the substitution effect and income effect of Hicks and Slutsky.
Reporting of CRM techniques with substitution effect.
Overall, no substitution effect on rail transport can be expected.
The trip replacement question permits a further level of substitution effect to be taken into account.
Is there a substitution effect between public and business sector financing of research?
This effect works against the substitution effect highlighted above.
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